Business
Hertz Further Strengthens Board with 2 New Members
ESTERO, Fla., Aug. 27, 2024 /PRNewswire/ -- Hertz Global Holdings, Inc. (NASDAQ: HTZ) – one of the leading global rental car companies – announced that its
About this update from Hertz Global Holdings, Inc
[{"type":"text","content":"ESTERO, Fla., Aug. 27, 2024 /PRNewswire/ -- Hertz Global Holdings, Inc. (NASDAQ: HTZ) – one of the leading global rental car companies – announced that its Board of Directors is increasing the size of the Board from nine to 11 and is electing Mr. Francis \"Frank\" Blake and Ms. Lucy Clark Dougherty to serve as directors, effective today.\n\n \n \n \n \n \n \n\n \nBlake is the retired chairman and CEO of The Home Depot, former non-executive chairman of Delta Air Lines, former deputy secretary for the U.S. Department of Energy, former general counsel for the U.S. Environmental Protection Agency and a longtime executive at General Electric.\nClark Dougherty is senior vice president, general counsel and Board secretary of Polaris Inc. She formerly served as deputy general counsel at General Motors and chief legal officer and counselor to the secretary of the U.S. Department of Homeland Security.\n\"Frank and Lucy enhance our Board with decades of experience in both the private sector and public service,\" said Colin Farmer, chair of the Hertz Board. \"Frank's distinguished career spans across business, government and law – including two decades of proven success on corporate boards. Lucy offers a wealth of expertise in driving business transformation, innovation and strategy – along with extensive experience advising boards. Together, they complement the diverse skills and backgrounds of our current board members and will effectively collaborate with them to steer our company toward future success.\"\nUnder the direction of CEO Gil West – who joined April 1 – Hertz has recruited a world-class leadership team to execute the company's strategy of delivering sustainable growth and creating value by elevating operational performance across every facet of its business along with a commitment to deliver an unmatched customer experience.\nIn joining the Hertz Board, Blake and Clark Dougherty initially will not be assigned to standing committees of the board.\nBIOGRAPHIES\nFrank Blake served as chairman and CEO of The Home Depot from January 2007 through November 2014, and then as chairman through January 2015. He joined The Home Depot in 2002 as executive vice president, business development and corporate operations. The Boston native previously served as deputy secretary for the U.S. Department of Energy and in a variety of executive role...